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Re: Kashkat post# 57851

Friday, 06/30/2017 12:56:11 PM

Friday, June 30, 2017 12:56:11 PM

Post# of 57991
It's not a 'think' Brett took the money and ran. It's in the financial statements. Their last quarterly statement is here:

https://www.sec.gov/Archives/edgar/data/1329136/000159406215000129/form10q.htm#p1

Under the Consolidated Statement of Operations --> Expenses --> Consulting fees. In the previous nine months, MELY paid out $1.2M in consulting fees (with 976k of that in the first quarter of 2015).

The only consultant or employee working with MELY was Brett. Funny how right after he paid himself all the remaining money, he stopped responding or doing any work here. He basically just took out a bunch of debt, sold a ton of shares in the company, and then took all the proceeds and went radio silent.

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